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Jun 15, 2013
06/13
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KRON
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economy. stocks had rallied earlier in the day. here are the closing numbers. the dow lost 105 points. the nasdaq fell 21 points. and the s-and-p 500 dropped 9 points. >>new research from credit score provider fico shows the number of young people without credit cards has actually doubled since the recession. it says about 16 percent of consumers age. 18 to 29. didn't have a single credit card in 2012. that's up from eight percent who didn't have one in 2007. >> pam: as a result, credit card debt is also down. to just under an average of 21-hundred dollars per person. fico says watching older generations get hit hard by the recession may have caused younger americans to shy away from credit cards. >> pam: facebook is rolling out a new tool that will allow users to "trend". >> pam: new federal rules could create a serious shortage of truckers. beginning july first, truck drivers cannot drive more than 70 hours in seven days. >> pam: allowed to drive 82 hours. the trucking industry is already suffering from a high turnover rate and worker shortage. analysts creat
economy. stocks had rallied earlier in the day. here are the closing numbers. the dow lost 105 points. the nasdaq fell 21 points. and the s-and-p 500 dropped 9 points. >>new research from credit score provider fico shows the number of young people without credit cards has actually doubled since the recession. it says about 16 percent of consumers age. 18 to 29. didn't have a single credit card in 2012. that's up from eight percent who didn't have one in 2007. >> pam: as a result,...
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Jun 22, 2013
06/13
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KRON
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. >> pam: despite a generally improving economy, jobs remain scarce for young people looking for entry- level summer jobs. kron four's rob fladeboe has the proof now. with a look at the big turnout for a job fair in santa clara. >> reporter: the longest line at great america friday was not for the roller coaster but rather for a job, which any of these young people will tell you is a different kind of ride. one that often requires something most of them don't have. >> even the entry-level needs experience. they want to have the least six months retell experience. >> reporter: great america is looking to hire 300 people for mostly entry- level minimum wage jobs as food service workers and ride attendants. and a first job to put on that resume. >> i am always surprised that say i used to work at the park. that condition- that tradition continues year after year. >> reporter: summer jobs are hard to come by this year with returning college kids competing for jobs usually filled by younger workers. >> it is horrible. i put on the 20 online applications and none of them have called it back.
. >> pam: despite a generally improving economy, jobs remain scarce for young people looking for entry- level summer jobs. kron four's rob fladeboe has the proof now. with a look at the big turnout for a job fair in santa clara. >> reporter: the longest line at great america friday was not for the roller coaster but rather for a job, which any of these young people will tell you is a different kind of ride. one that often requires something most of them don't have. >> even the...
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Jun 20, 2013
06/13
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KRON
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stocks were up huge for the last six months as the economy improved. people purchase cheap suits submit date look good for the to again look for work. >> reporter: less talk about home prices spurred we see a lot of gains a with things level off or continue? >> higher interest rates are happening marlowe's are no longer recall all spirit people are seeing real estate values go up and they're putting their homes up for sale. double in my neighborhood where there was once tan are now turning. this is where they should be. it got too hot, then it became too cold so now is beginning to level. housing bids are becoming higher. friend of mine tried to buy a home in long beach california and 20 percent over the asking price. >> reporter: how about apple tv? things are looking up for them. >> i love mine apple tv and i can watch my game a thrones and that's a good day. 21st century is not about watching things in your living room is about watching tv on the gull! >> we really wanttime with that sas that it is a little bit of bad news for apple. i do not want t
stocks were up huge for the last six months as the economy improved. people purchase cheap suits submit date look good for the to again look for work. >> reporter: less talk about home prices spurred we see a lot of gains a with things level off or continue? >> higher interest rates are happening marlowe's are no longer recall all spirit people are seeing real estate values go up and they're putting their homes up for sale. double in my neighborhood where there was once tan are now...